After years of rows and delays, Dublin city councillors have finally cleared the way for more than 850 homes to be built on the Oscar Traynor Road between Coolock and Santry.
Almost eight years after plans for the site were first mooted, a revised proposal by developers Glenveagh was approved at a meeting of Dublin City Council last night.
Councillors voted 36-23 in favour of the controversial development, with three Labour councillors breaking party ranks to oppose the deal.
Sinn Féin, People Before Profit, the Social Democrats and a number of Independents all voted against the plan, which was supported by Fianna Fáil, Fine Gael, the Green Party and most Labour councillors.
The vote comes one year after councillors overwhelmingly rejected Glenveagh’s plans to develop the Dublin City Council owned site, which would have seen 50pc of homes sold privately.
An alternative plan proposed that the entire scheme be developed by the local authority, with 80pc used for social/cost rental and 20pc designated for affordable housing.
However, following an assessment by the Department of Housing, it was feared this approach would result in delays of at least five years before work could even begin on such a large-scale project.
A revised scheme put forward by Glenveagh will now see all 853 properties used for State-supported homes – a tenure mix of 40pc social housing, 40pc cost rental and 20pc affordable purchase.
Stephen Garvey, Glenveagh’s chief executive, believes the homes can be delivered within four years of construction commencing in late 2022, subject to a successful planning application.
Under the proposal, rents will be offered at a minimum discount of 25pc below market rate. This would result in rents of €940 per month for a studio, €1,275 for a one-bed and €1,500 for a two-bed.
The affordable housing element will see one-beds priced between €204,000 and €238,000; two-beds from €227,000 to €284,000; and three-beds from €250,000 to €306,000.
Darragh Moriarty, one of three Labour councillors to vote against the Glenveagh proposal, said: “This evening, myself, Kevin Donoghue and Jane Horgan-Jones opposed the disposal of the Oscar Traynor Road site.
“We don’t believe handing it over to a private developer for them to take their slice will deliver the affordability we need.”
Sinn Féin’s Housing spokesperson Eoin Ó Broin described the outcome of the vote as “disappointing, but not surprising”.
“Fianna Fáil, Fine Gael, the Greens and Labour have gifted public land to a developer in exchange for unaffordable homes,” he said on social media.
Fianna Fáil TD Paul McAuliffe said the vote would result in 100pc public housing on public land and there would be no open market “for profit” sales.
“This is a real commitment by Minister Darragh O’Brien to support affordability and by many councillors to work with a flawed tender model,” he said.